Gold May Climb as Concerns About Greek Default Fueling Safe-Haven Appeal

Bloomberg reported that Greek debt default concerns may cause gold prices to increase.

The market news is quoted as saying:

Gold prices may average 3 percent more in 2012 at $1,550 an ounce, driven by strong global investment and jewelry demand in developing economies, an Australian government agency said.

To read the full market news, click here.

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Markets
TSX	21873.72	-138.00
TSXV	574.65	-1.14
DOW	38460.92	-42.77
S&P 500	5071.63	+1.08
NASD	15712.75	+16.11
ASX	7683.50	+34.30

Markets

TSX

21873.72

-138.00

TSXV

574.65

-1.14

DOW

38460.92

-42.77

S&P 500

5071.63

+1.08

NASD

15712.75

+16.11

ASX

7683.50

+34.30

Commodities
Gold	2326.47	+10.16
Silver	27.38	+0.20
Copper	4.55	+0.06
Oil	82.85	+0.04
Heating Oil	2.57	+0.01
Natural Gas	1.65	0.00

Commodities

Gold

2326.47

+10.16

Silver

27.38

+0.20

Copper

4.55

+0.06

Oil

82.85

+0.04

Heating Oil

2.57

+0.01

Natural Gas

1.65

0.00

Gold May Climb as Concerns About Greek Default Fueling Safe-Haven Appeal

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